Policy and Strategy
Cambodia & Canada Forge New Path in Joint Venture Developments with MoU SigningCambodia & Canada Forge New Path in Joint Venture Developments with MoU Signing
To strengthen bilateral investment and expand economic cooperation, Cambodia and Canada have formalized an agreement to promote joint venture projects, focusing on priority sectors such as agriculture, renewable energy, and technology. The MoU was signed between the Cambodian Duke Association and Excellence Industrielle Saint-Laurent (FISL) of Quebec, Canada, during the visit of Cambodia’s Deputy PM […]
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ADB Partners with Two Cambodian Institutions to Drive Development with USD 360m Annual Investment
The Asian Development Bank (ADB) is joining forces with the Ministry of Economy and Finance and the Cambodia Development Research Institute (CDRI) to accelerate Cambodia’s development over the next five years. With an average annual loan of approximately USD 360 million between 2019 and 2023, ADB’s latest initiative will focus on boosting private sector growth […]
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Ministry of Land Launches Coastal Urban Design Competition to Attract Investment & Boost Tourism
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has launched an ambitious design competition project to revitalize Cambodia’s coastal regions to drive economic development, boost tourism, and attract foreign investment. The competition, themed “Cambodia, My Motherland, My City, My Coast, My Heart,” focuses on enhancing urban planning in key coastal provinces, including Kep, […]
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Gov’t Revives USD 590 Million in 30 Stalled Projects, Encourages Growth in SHV
In a strategic move to boost economic development, the Cambodian Government has greenlit special incentives for 30 stalled projects in Sihanoukville, representing a total investment of USD 590 million. This decision announced on 26 September 2026, follows the efforts of the Investment Promotion Task Force to resuscitate a wide range of ventures, including smelters, metal […]
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Siem Reap Launches Community Tourism Project in Wat Bo Village, Ranked 3rd Most Scenic Village Globally
Siem Reap authorities have launched a new community-based tourism initiative in Wat Bo village, marking the village’s global recognition as the third most beautiful in the world. This project, aimed at bolstering local tourism, was inaugurated on 20 September 2024 by Mr Yun Linne, Deputy Governor of Siem Reap Province, alongside government officials, local units, […]
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Cambodian PM Pushes Forward with Major Development of Four Northeastern Provinces Despite CLV-DTA Withdrawal
Cambodia’s Prime Minister, Samdech Thipadei Hun Manet, has reaffirmed the government’s commitment to advancing the development of four northeastern provinces despite the nation’s recent exit from the Cambodia-Laos-Vietnam Development Triangle Cooperation (CLV-DTA). The premier made the announcement via a special voice message on 23 September 2024, underscoring that the Royal Government will proceed with essential […]
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Takeo Authorities to Bolster Security with Camera & Streetlight Installations
Takeo provincial authorities have announced plans to enhance public safety by installing security cameras and additional street lights in key urban areas, parks, and public spaces to address growing concerns over insecurity and social order issues. The initiative, revealed by HE Vy Samnang, Governor of the Takeo Provincial Board of Governors, aims to mitigate risks […]
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Ministry of Land Pledges to Complete Nationwide Land Title Registration by 2028
Cambodia’s Ministry of Land Management (MLMUPC) has committed to completing the registration of over 1 million remaining land plots by December 2028. Speaking at the opening ceremony of the CAMBUILD Exhibition on 11 September 2024, Deputy PM and Minister of Land Management, HE Says Samal, reaffirmed the ministry’s dedication to fulfilling this national priority. This […]
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Tycoon Ly Yong Phat’s Hydropower Company Suspended for Environmental Violations in Pursat & Koh Kong
The Ministry of Environment has temporarily suspended all activities of Stung Meteuk Hydropower, a company owned by Tycoon Ly Yong Phat, in Pursat and Koh Kong provinces due to multiple environmental violations and non-compliance with legal requirements. The suspension was confirmed in a letter from the ministry dated 2 September 2024. The decision stems from […]
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South Korea’s Mugungwha Trust Targets Investment in Cambodia’s Expanding Trust Sector
Mugungwha Trust Co., Ltd., a leading South Korean trust company, has announced plans to invest in Cambodia’s trust sector, aiming to contribute to the country’s economic growth and sector expansion. The company’s President, Mr. Oh Chang-seok, expressed this commitment during a meeting with Samdech Techo Hun Sen on 10 September 2024 in Seoul, Republic of […]
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